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Industry reports 30% growth in auto sales in 2014, sees 16% rise in 2015

2015-01-12 16:01:49| Auto Dealers - Topix.net

Motor vehicle sales in 2014 grew 30 percent marking another banner year as sales climbed to 234,747 units but industry players expect growth in 2015 to slowdown at 16 percent or 272,000 units only, the Chamber of Automotive Manufacturers of the Philippines, Inc. and Truck Manufacturers Association said. According to the joint statement, the 19-member organization sold a total a total of 234,747 units as against 181,283 units in 2013.

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